Fertilizers
Potash
Potash supplies potassium to crops and is traded mainly as muriate of potash (MOP), with granular and standard grades.
MARKET REFERENCES
How the market commonly references price
There is rarely one universal price for a physical commodity. Commercial value depends on the benchmark, specification, origin, destination, timing and logistics agreed between buyer and seller.
- Granular MOP CFR Brazil
- Granular MOP FOB Vancouver
- China / India contract settlements
TYPICAL COMMERCIAL STRUCTURE
How physical pricing is often built
Spot markets often trade against granular MOP regional benchmarks ± grade/origin differential. Large China and India contracts can establish important reference levels for term business.
PRICE DRIVERS
What moves the physical differential?
- Mining output
- Brazil / China / India demand
- Granular vs standard grade
- Sanctions / logistics
- Freight
PHYSICAL TRADE
Commercial considerations
FOB Vancouver and CFR Brazil are widely watched. China and India contract prices can influence regional negotiations.
The examples on this page describe common market conventions at a high level. Actual contracts can use different pricing periods, assessments, quality adjustments, Incoterms and negotiated differentials.
Market methodology reference: view source / methodology
PHYSICAL COMMODITY BROKERAGE
Discuss a Potash requirement.
Share the specification, quantity, origin or destination, delivery basis and timing.